Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Page of 4794
Press 'Enter' after typing page number.
321 to 340 of 95875 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Retention of seized cash and vehicles during pending PMLA proceedings was upheld where a prosecution complaint was already pending in the same ECIR, and Section 8(3)(a) was held not to require a fresh complaint for each later seizure. The Tribunal also held that retention is not limited to property of named accused persons, so the challenge based on one appellant not being named failed. It accepted continued retention to trace a larger suspected quantum of proceeds of crime, rejected the objection that a separate Section 20 order was necessary, and found prima facie reasons to believe on the material and an insufficient explanation of the asset source. The appeals were dismissed.
Retention of seized cash and vehicles during pending PMLA proceedings was upheld where a prosecution complaint was already pending in the same ECIR, and Section 8(3)(a) was held not to require a fresh complaint for each later seizure. The Tribunal also held that retention is not limited to property of named accused persons, so the challenge based on one appellant not being named failed. It accepted continued retention to trace a larger suspected quantum of proceeds of crime, rejected the objection that a separate Section 20 order was necessary, and found prima facie reasons to believe on the material and an insufficient explanation of the asset source. The appeals were dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
